Lotus has announced the Exige S Club Racer, a further lightened version of the Exige S which weighs 15 kg (33 lbs) less. Lotus calls it “the most inspiring version of an already class-leading sports car.”

Back when we asked our 5 Intriguing Questions for the new F1 season, we didn't really have any hard data to play with. Now, after two official pre-season test sessions, we're ready to draw some tough conclusions.

As we're approaching the end of the 2015 F1 Pre-Season tests, teams are starting to get a better idea of how they might perform during races once the regular season starts in Melbourne, Australia in two weeks time.

Race on Sunday, sell on Monday: a time-honed mantra for automakers involved in motorsports. With its latest Elise variant, though, Lotus has turned this into a “race on Sunday, drive to work on Monday” kind of thing.

According to documents filed at Companies House, the Lotus Group posted a £71.1 million (US$110 million) loss in the 2014 financial year that ended on March 31. This is both bad and, surprisingly, good news.